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The sale of Treasury bonds, notes, and bills finances the U.S. government, and those securities are, in turn, a primary vehicle for savings for a wide range of U.S. households. Treasury securities are also an important source of collateral within the financial system.
Jerome Powell
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"The sale of Treasury bonds, notes, and bills finances the U.S. government, and those securities are, in turn, a primary vehicle for savings for a wide range of U.S. households. Treasury securities are also an important source of collateral within the financial system."
— Jerome Powell #moneywealth #politicsgovernment

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The sale of Treasury bonds, notes, and bills finances the U.S. government, and those securitie…

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The sale of Treasury bonds, notes, and bills finances the U.S. government, and those securities are, in turn, a primary vehicle for savings for a wide range of U.S. households. Treasury securities are also an important source of collateral within the financial system. — Jerome Powell

About Jerome Powell

Jerome Powell was a Public Servant from United States (1953–present).

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Frequently Asked Questions

Who said "The sale of Treasury bonds, notes, and bills finances the U.S. government, and…"?
This quote is attributed to Jerome Powell, a Public Servant from United States.
When did Jerome Powell live?
Jerome Powell lived from 1953 – present.
What is this quote about?
This quote touches on Money & Wealth, Politics & Government. Browse more quotes on these themes from the categories page.